Beacon Minerals Limited ( (AU:BCN) ) just unveiled an update.
Beacon Minerals Limited reported a gold production of 6,183 ounces for the March 2025 quarter, with sales receipts totaling $29.45 million. The company is planning to increase its milling rate to 1.2MTA, funded from available capital, and has significant ore reserves at Iguana. The expansion includes upgrades to the leach and adsorption areas of the plant, which is expected to enhance production efficiency and output in the coming quarters.
More about Beacon Minerals Limited
Beacon Minerals Limited is a company operating in the mining industry, primarily focused on gold production. The company is involved in exploration and mining activities, with significant operations at sites such as MacPhersons and Lady Ida, and plans for expansion at Iguana.
YTD Price Performance: 22.73%
Average Trading Volume: 4,129,422
Technical Sentiment Signal: Sell
Current Market Cap: A$114.1M
For a thorough assessment of BCN stock, go to TipRanks’ Stock Analysis page.